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Oregon commercial SC Level 1 bonds.
$495 flat.

Oregon sets a fixed $55,000 bond for a Level 1 commercial specialty contractor endorsement under ORS 701.084 — the highest CCB specialty tier. Ours is $495 flat — the price our carrier set for this bond, identical for every contractor. No credit check; the bond is issued when you pay.

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Required for your CCB commercial Level 1 specialty license — new endorsements and renewals
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Fixed amount, fixed price — $55,000 bond, $495, no quote theater
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No credit check — the application collects no credit information
A-ratedA.M. Best carriersInstantissued the moment you pay1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does an Oregon commercial SC Level 1 bond cost?

$495 at the $55,000 amount, the same for every applicant.

How it works

Three steps to filed.

Your CCB endorsement is waiting on this bond. Here's the entire process — no broker phone tag:

TODAY · ONLINE

Apply once, online

Business details, owner information, effective date. That is the application. No credit check.

RIGHT AWAY

Approved

Most are approved as soon as you apply. No credit check.

WHEN YOU PAY

E-sign & file with the CCB

Pay online and receive the executed bond ready to file with your CCB commercial specialty endorsement. Wet-ink originals mailed whenever the board insists.

About this bond

What it is and who needs it.

What the bond actually guarantees

Oregon licenses construction contractors through the Construction Contractors Board (CCB). For a Level 1 commercial specialty contractor — the larger-volume specialty tier — ORS 701.084 sets the bond at $55,000. The bond is a performance-and-payment guarantee standing behind your work and your contracts.

It's a three-party arrangement: you (the principal), the surety carrier standing behind you, and the State of Oregon through the CCB (the obligee), with owners and others you contract with as the protected parties. If the CCB issues a final order against you under ORS 701.146, the surety pays up to the bond amount.

It is not insurance for you — if the surety pays a claim, you repay the surety. Contractors who finish their work and pay their bills treat the bond as a license formality, not a risk. The bond must stay active for the two-year life of your license.

ORS 701.084 (commercial bonds)ORS 701.084 conditions an Oregon commercial contractor license on a surety bond filed with the Construction Contractors Board, sized by endorsement level — $55,000 for a Level 1 commercial specialty contractor. Bonding mechanics are in ORS 701.068, and the bond pays final orders the CCB issues under ORS 701.146.

You need this bond if you're

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Applying for a CCB commercial Level 1 specialty license — the bond is filed with your application
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Renewing your commercial specialty endorsement and your bond is expiring or non-renewing
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Stepping up from Level 2 as your commercial specialty work volume grows
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Carrying multiple commercial endorsements — one commercial bond covers them at this level
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the $55,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

E-sign & file with the CCB. Pay online and receive the executed bond ready to file with your CCB commercial specialty endorsement. Wet-ink originals mailed whenever the board insists.

What sets the price

The premium is fixed at $495 at the $55,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check. Submit once and your bond is issued when you pay.

Start the application →
FAQ

Common questions.

Do I pay the $55,000?No. You pay $495 — the price our carrier set for this bond. The $55,000 is the surety's maximum liability to the CCB and harmed parties; it's not a deposit, and nobody holds your money.
Who requires this bond?Oregon's Construction Contractors Board requires it as a condition of a Level 1 commercial specialty endorsement, under ORS 701.084. No active bond, no license.
What does the bond guarantee?That you perform your commercial work and pay the parties you contract with. If the CCB issues a final order against you under ORS 701.146, the harmed party recovers against the bond — and if the surety pays, you repay the surety.
Is there a credit check?No credit check: the application collects no credit information. It's the only extra step beyond the application, and it informs approval, not price. The price is fixed either way: credit can affect whether we approve the bond, never what it costs.
When does it renew?CCB licenses renew every two years. Terms run 1, 2, or 3 years — your choice at purchase. You'll get renewal notices 60 and 30 days before expiration, and the bond must stay active for your endorsement to stay valid.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other Oregon bonds.

Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

The CCB is waiting on one document.

$495 flat, short application, bond issued when you pay. Free until issued.

Your price$495
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